TransferWise launches Platinum Debit Mastercard in Australia

The TransferWise debit card can hold over 40 currencies and is up to 11 times cheaper than a regular debit or travel card when moving money globally.

Digital money transfer company TransferWise has today launched its new debit card in Australia and New Zealand, offering Aussies who often move money globally a significantly cheaper way to do so. The bright green debit card is attached to the existing TransferWise Borderless Account, and allows users to hold over 40 currencies and spend in over 150 countries.

Australians can use this debit card like any other debit card in Australia to make purchases in stores and online, and withdraw from ATMs. However, when compared to other multi-currency accounts or travel debit cards, the new TransferWise debit card offers a few key points of difference.

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Source: TransferWise launches Platinum Debit Mastercard in Australia – finder.com.au